Mercedes 2015 Annual Report Download - page 216

E | CONSOLIDATED FINANCIAL STATEMENTS | NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 223
11. Property, plant and equipment
Property, plant and equipment developed as shown
in table  E.28.
In 2015, government grants of €192 million (2014: €47 million)
were deducted from property, plant and equipment.
Property, plant and equipment also include buildings, technical
equipment and other equipment under finance lease arrange-
ments and thus deemed to be owned by the Group with a carrying
amount of €221 million (2014: €238 million). In 2015, additions
to and depreciation expense on assets under finance lease
arrangements amounted to €16 million (2014: €19 million) and
€39 million (2014: €40 million), respectively.
Amortization expense for intangible assets
in the consolidated statement of income
2015 2014
In millions of euros
Cost of sales 1,434 1,344
Selling expenses 73 92
General administrative expenses 44 41
Research and non-capitalized development costs 35 30
Other operating expense 4–
1,590 1,507
E.27
Property, plant and equipment
Land, leasehold
improvements and
buildings including
buildings on land
owned by others
Technical
equipment
and machinery
Other
equipment,
factory and
office
equipment
Advance
payments
relating to plant
and equipment
and construction
in progress Total
In millions of euros
Acquisition or manufacturing costs
Balance at January 1, 2014 14,835 21,575 21,508 2,273 60,191
Additions due to business acquisitions –––––
Other additions 228 833 1,415 2,267 4,743
Reclassifications 238 1,239 568 -2,036 9
Disposals -158 -930 -1,066 -32 -2,186
Other changes1253 362 461 49 1,125
Balance at December 31, 2014 15,396 23,079 22,886 2,521 63,882
Additions due to business acquisitions –––––
Other additions 255 854 1,521 2,279 4,909
Reclassifications 302 817 793 -1,913 -1
Disposals -334 -738 -686 -56 -1,814
Other changes1144 -34 259 15 384
Balance at December 31, 2015 15,763 23,978 24,773 2,846 67,360
Depreciation/impairment
Balance at January 1, 2014 8,044 14,225 16,142 138,412
Additions2420 1,210 1,861 10 3,501
Reclassifications –108 -108 – –
Disposals -118 -825 -970 –-1,913
Other changes1108 241 352 -1 700
Balance at December 31, 2014 8,454 14,959 17,277 10 40,700
Additions 335 1,358 2,102 9 3,804
Reclassifications 1 -1 – – –
Disposals -275 -730 -612 -19 -1,636
Other changes1-9 -38 216 1 170
Balance at December 31, 2015 8,506 15,548 18,983 143,038
Carrying amount at December 31, 2014 6,942 8,120 5,609 2,511 23,182
Carrying amount at December 31, 2015 7,257 8,430 5,790 2,845 24,322
1 Primarily changes from currency translation.
2 Includes impairments of €93 million in connection with the disposal of selected sites of the Group’s own sales network.
E.28